Federal Direct Loans

A loan is a type of financial aid that you repay. Apply for your Federal Direct Loan online. Start by selecting the student Loans or Parent Loans
tab below and follow the directions. After you complete all the steps and become eligible you can check your loan status.

The last day to submit a loan application with an ending date of summer 2015 is Friday, August 7, 2015.

Exit Counseling

If you have used a Federal Direct Loan to help finance your education at Spokane Falls Community College, the Federal financial
aid regulations require us to provide you with exit counseling information about your loan.

Exit Counseling is located on the Student Loans.gov website. Once you enter the site, click on “Exit Counseling” under the
Tools and Resources section.

You will need to use the PIN number you received when you applied for financial aid to complete the exit counseling process.
If you have misplaced it, you can request a duplicate on this site.

The Exit Counseling site will provide you with the following information:

Total Direct Loans you have borrowed and our payment schedule

Payment options – estimated monthly payments and payment days

Transferring to another school

Information about other student loans you borrowed

Loan consolidation, deferment and cancellation information

Debt Management and consequences of default

Address and telephone number for your loan servicer, as well as other agencies to help you as a loan borrower

We recommend that you print the pages as you go so you can refer to them during the short quiz you will take at the end of the exit interview.
You must successfully pass the quiz in order to be given credit for completing the exit interview. We will receive a list of those borrowers
who successfully complete the exit interview.

SFCC TITLE IV CODE OF CONDUCT

The financial aid office at SFCC will process loans in a timely manner. SFCC will not refuse to certify or delay certification based on choice of lender

The financial aid office does not contract with any lender and does not receive any staffing assistance from lenders.

Students are advised to borrow loans through the federal student loan programs. Private loans will not be packaged or offered from any specific lender.

Employees in the financial aid office are prohibited from receiving gifts from lenders, guaranty agencies or loan servicers.

Spokane Falls Community College does not have revenue sharing arrangements with any lender. Advisory boards will not receive compensation from any lender.
SFCC prohibits the offer of funds for private loans.

You have the option to work with the holder of your loan and either pay the interest as it accrues quarterly
or have it capitalized. Capitalized interest is added to your principal loan amount and the next quarter the
interest that accrues will be calculated on your principal amount plus the capitalized interest.

You have the right to cancel your student loan at any time. If your loan funds have been disbursed to
you, you have within 14 business days to return the funds to the college for a full refund back to the loan program.
If you have already received your loan disbursement and it has been more than 14 days you can send the funds directly
back to your DL Servicer.

The Financial Aid Notification serves as passive confirmation for your student
loan. It tells you the new loan dollar amount that will be added to your Master
Promissory Note, that you have agreed to repay.

Once certified your loan will be submitted to the National Student Loan Data System (NSLDS), and will be accessible by
guaranty agencies, lenders, and schools determined to be authorized users of the data system.Find out information about
YOUR loan after it is certified. Access www.studentloans.gov to:

Find out who is the Holder of your loan(s)

Complete EXIT counseling

Set up a repayment schedule

Find out how much you have borrowed

After you complete all steps the Financial Aid Office will process your loan request and,
if approved you will receive a revised Financial Aid Notification containing the loan amount
and date of disbursement. You also can check the financial aid portal

By accepting loan disbursement, you acknowledge understanding and receipt of loan money

I am applying for my first Federal Direct Student Loan at SFCC.
I have never borrowed a loan at SFCC.

Use the buttons above to complete all steps of:

Entrance Interview

Master Promissory Note

Loan Worksheet (only if you did not complete Loan Worksheet on Terms and Conditions Form)

If you have transfer credits that you believe make you a second year student choose the Second
Year Certification tab above to print and submit that form.

After you complete all steps the Financial Aid Office will process your loan request and, if approved,
you will receive a revised Financial Aid Notification containing the loan amount and date of disbursement.
You also can check the financial aid portal.

The Financial Aid Notification serves as passive confirmation for your student loan. It tells you
the new loan dollar amount that will be added to your Master Promissory Note, that you have agreed to repay.

By accepting loan disbursement, you acknowledge understanding and receipt of loan money.

I am applying for my first Federal Direct Student Loan at SFCC
this school year. I have previously borrowed a Federal Direct Student Loan at SFCC.

If you have transfer credits that you believe make you a second year student choose the Second
Year Certification tab above to print and submit that certification.

After you complete all steps the Financial Aid Office will process your loan request and, if approved you will
receive a revised Financial Aid Notification containing the loan amount and date of disbursement. You also can
check the financial aid portal.

The Financial Aid Notification serves as passive confirmation for your student loan. It tells you the new loan
dollar amount that will be added to your Master Promissory Note, that you have agreed to repay.

By accepting loan disbursement, you acknowledge understanding and receipt of loan money

We are sorry, supplemental loans are not available at this time. The loan dates are listed below.

Managing the debt you incur as an investment in your education is a major responsibility.
To ensure that you understand this responsibility and the obligation you are assuming, the
federal government requires you to participate in loan counseling prior to receiving a Federal
Direct Loan, if you have not previously received a Direct Loan.

Complete the Master Promissory Note and Loan Worksheet if not already completed.

The Master Promissory Note (MPN)

The MPN is your agreement to repay your loan. Once you receive your award notification you are agreeing to repay your loan.

The MPN is a promissory note that can be used to make one or more loans for one or more academic years (up to 10 years). The electronic MPN
web site allows you to complete and sign an MPN over the web. The MPN contains the terms and conditions for your loan.

Submission of this form indidcates you understand the terms and conditions stated therein.

Financial Aid Portal

Your Username is your Social Security Number. The Password is the SFCC PIN number you use to register.
If your PIN number is less than 6 digits, add a zero to the front of your PIN. You must have applied
for Admissions to use the Portal.

You have the option to work with the holder of your loan and either pay the interest as it accrues quarterly
or have it capitalized. Capitalized interest is added to your principal loan amount and the next quarter the
interest that accrues will be calculated on your principal amount plus the capitalized interest.

You have the right to cancel your student loan at any time. If your loan funds have been disbursed to
you, you have within 14 business days to return the funds to the college for a full refund back to the loan program.
If you have already received your loan disbursement and it has been more than 14 days you can send the funds directly
back to your DL Servicer.

The Financial Aid Notification serves as passive confirmation for your student
loan. It tells you the new loan dollar amount that will be added to your Master
Promissory Note, that you have agreed to repay.

Once certified your loan will be submitted to the National Student Loan Data System (NSLDS), and will be accessible by
guaranty agencies, lenders, and schools determined to be authorized users of the data system.Find out information about
YOUR loan after it is certified. Access www.studentloans.gov to:

Find out who is the Holder of your loan(s)

Complete EXIT counseling

Set up a repayment schedule

Find out how much you have borrowed

After you complete all steps the Financial Aid Office will process your loan request and,
if approved you will receive a revised Financial Aid Notification containing the loan amount
and date of disbursement. You also can check the financial aid portal

By accepting loan disbursement, you acknowledge understanding and receipt of loan money

I am applying for my first Federal Direct Student Loan at SFCC.
I have never borrowed a loan at SFCC.

Use the buttons above to complete all steps of:

Entrance Interview

Master Promissory Note

Loan Worksheet (only if you did not complete Loan Worksheet on Terms and Conditions Form)

If you have transfer credits that you believe make you a second year student choose the Second
Year Certification tab above to print and submit that form.

After you complete all steps the Financial Aid Office will process your loan request and, if approved,
you will receive a revised Financial Aid Notification containing the loan amount and date of disbursement.
You also can check the financial aid portal.

The Financial Aid Notification serves as passive confirmation for your student loan. It tells you
the new loan dollar amount that will be added to your Master Promissory Note, that you have agreed to repay.

By accepting loan disbursement, you acknowledge understanding and receipt of loan money.

I am applying for my first Federal Direct Student Loan at SFCC
this school year. I have previously borrowed a Federal Direct Student Loan at SFCC.

If you have transfer credits that you believe make you a second year student choose the Second
Year Certification tab above to print and submit that certification.

After you complete all steps the Financial Aid Office will process your loan request and, if approved you will
receive a revised Financial Aid Notification containing the loan amount and date of disbursement. You also can
check the financial aid portal.

The Financial Aid Notification serves as passive confirmation for your student loan. It tells you the new loan
dollar amount that will be added to your Master Promissory Note, that you have agreed to repay.

By accepting loan disbursement, you acknowledge understanding and receipt of loan money

We are sorry, supplemental loans are not available at this time. The loan dates are listed below.

Managing the debt you incur as an investment in your education is a major responsibility.
To ensure that you understand this responsibility and the obligation you are assuming, the
federal government requires you to participate in loan counseling prior to receiving a Federal
Direct Loan, if you have not previously received a Direct Loan.

Complete the Master Promissory Note and Loan Worksheet if not already completed.

The Master Promissory Note (MPN)

The MPN is your agreement to repay your loan. Once you receive your award notification you are agreeing to repay your loan.

The MPN is a promissory note that can be used to make one or more loans for one or more academic years (up to 10 years). The electronic MPN
web site allows you to complete and sign an MPN over the web. The MPN contains the terms and conditions for your loan.

Submission of this form indidcates you understand the terms and conditions stated therein.

Financial Aid Portal

Your Username is your Social Security Number. The Password is the SFCC PIN number you use to register.
If your PIN number is less than 6 digits, add a zero to the front of your PIN. You must have applied
for Admissions to use the Portal.

Privacy Act Disclosure Notice

The Privacy Act of 1974 (5 U.S.C.552a) requires that the following notice
be provided to you. The authority for collecting the information requested on this form is S451
et seq of the Higher Education Act of 1965, as amended. Your disclosure of this information is
voluntary. However, if you do not provide this information, you cannot be considered for a
Direct PLUS loan. The information on this form will be used to determine your eligibility for
a DIrect PLUS loan. The information in your file may be disclosed to third parties as
authorized under routine uses in the Privacy Act notices called "Title IV Program Files"
(originally published on April 12, 1994, Federal Register, Vol. 59 p 17351) and "National
Student Loan Data System" (originally published on December 20, 1994 , Federal Register, Vol
59 p65532). Thus, this information may be disclosed to federal and state agencies, private
parties such as relatives, present and former employers and creditors, and contractors of the
Department of Education for purposes of administration of the student financial assistance
program, for enforcement purposes, for litigation where such disclosure is compatible with the
purposes for which the records were collected, for use by federal, state, local, or foreign
agencies in connection with employment matters or the issuance of a license, grant, or other
benefit, for use in any employee grievance or discipline proceeding in which the Federal
Government is a party, for use in connection with audits or other investigations, for research
purposes, for purposes of determining whether particular records are required to be disclosed
under the Freedom of Information Act, and to a Member of Congress in response to an inquiry
from the congressional office made at your written request.

When you complete the PLUS Loan Application Request you are authorizing a credit check to determine eligibility for your loan.

Because we request your Social Security number (SSN), we must inform
you that we collect your SSN on a voluntary basis, but section 484(a)(4) of the HEA
(20 U.S.C.109(a)(4)) provides that, in order to receive any grant, loan, or work assistance
under Title IV of the HEA, a student must provide his/her SSN. Your SSN is used to verify
your identity, and as an account number (identifier) throughout the life of your loan(s) so
that data may be recorded accurately.

Parent Loans for Undergraduate Students (PLUS)

Before you can apply for the PLUS loan

The student must have completed the entire financial aid application process

The student must have received their award notification

The student must have applied for the maximum Subsidized/Unsubsidized Direct Loan

Plan carefully so that you only need to apply for one PLUS loan per school year

Privacy Act Disclosure Notice

The Privacy Act of 1974 (5 U.S.C.552a) requires that the following notice
be provided to you. The authority for collecting the information requested on this form is S451
et seq of the Higher Education Act of 1965, as amended. Your disclosure of this information is
voluntary. However, if you do not provide this information, you cannot be considered for a
Direct PLUS loan. The information on this form will be used to determine your eligibility for
a DIrect PLUS loan. The information in your file may be disclosed to third parties as
authorized under routine uses in the Privacy Act notices called "Title IV Program Files"
(originally published on April 12, 1994, Federal Register, Vol. 59 p 17351) and "National
Student Loan Data System" (originally published on December 20, 1994 , Federal Register, Vol
59 p65532). Thus, this information may be disclosed to federal and state agencies, private
parties such as relatives, present and former employers and creditors, and contractors of the
Department of Education for purposes of administration of the student financial assistance
program, for enforcement purposes, for litigation where such disclosure is compatible with the
purposes for which the records were collected, for use by federal, state, local, or foreign
agencies in connection with employment matters or the issuance of a license, grant, or other
benefit, for use in any employee grievance or discipline proceeding in which the Federal
Government is a party, for use in connection with audits or other investigations, for research
purposes, for purposes of determining whether particular records are required to be disclosed
under the Freedom of Information Act, and to a Member of Congress in response to an inquiry
from the congressional office made at your written request.

When you complete the PLUS Loan Application Request you are authorizing a credit check to determine eligibility for your loan.

Because we request your Social Security number (SSN), we must inform
you that we collect your SSN on a voluntary basis, but section 484(a)(4) of the HEA
(20 U.S.C.109(a)(4)) provides that, in order to receive any grant, loan, or work assistance
under Title IV of the HEA, a student must provide his/her SSN. Your SSN is used to verify
your identity, and as an account number (identifier) throughout the life of your loan(s) so
that data may be recorded accurately.

Financial Aid Portal

Your Username is your Social Security Number. The Password is the SFCC PIN number you use to register.
If your PIN number is less than 6 digits, add a zero to the front of your PIN. You must have applied
for Admissions to use the Portal.